Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
205 Park Place #5
Closed For Sale Co-op

$850,000

205 Park Place #5

Prospect Heights, Brooklyn

MLS® #RLS10868491

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built N/A
Ownership Co-op
Maintenance $775/mo
Neighborhood Prospect Heights
Floor 2 of 4

Property Highlights

  • Exposure: South facing
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 2 of 4
Exposure South
Pets Yes
Cross Street Flatbush Avenue/Vanderbilt Avenue
Architectural Style Prewar
Parcel # 01158-0069-00205-000-0000005
Block/Lot 1158/69

Listing History

Event Date Price Change
Listed Apr 20, 2023 $850,000 -
Price Reduced Jul 20, 2023 $699,000 -17.8%

Description

Belle epoque charm awaits you in this spacious and lovely one bedroom co-op home. Located in prime Prospect Heights, just minutes away from Park Slope and Prospect Park, this beauty is ideal for those who want both pre-war details and the convenience of low monthlies and close proximity to everything Brooklyn has to offer! Just one flight of stairs up, come home to high ceilings, bay windows, original woodwork details, and a stunning decorative fireplace. These gracious details are complemented by an open modern kitchen, large king-sized bedroom with Lambert & Fils lighting fixture, and renovated bathroom with a heated Toto toilet. Lush treetop views, hardwood floors throughout and two (2) private and spacious storage areas complete the picture. This self-managed co-op building features low monthlies that include a common landscaped roof deck with grill and heat lamp, shared backyard, laundry in the building, bike room, and no underlying mortgage. Conveniently located on what Time Out NY has deemed one of the 'Best Blocks in all of NYC', 205 Park Place is just blocks from the B, Q, 2, 3 trains, Grand Army Plaza, and Prospect Park. The Brooklyn Museum, Barclay Center, and all the great Brooklyn shopping along Vanderbilt, Flatbush, 5th & 7th Avenues awaits. Pied-a-terres, co-purchasing allowed. No investors, please. Pets welcome!

Features & Amenities

Interior Features

Dining Area Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Garden Building Roof Deck

Building Information

Financial Details

Maintenance $775/mo
Sale Price $850,000
Previous Price $699,000

Prospect Heights is a compact Brooklyn neighborhood anchored by the Brooklyn Public Library, Grand Army Plaza, Prospect Park, and the Brooklyn Museum. The real estate market features historic brownstones, pre-war cooperatives, and new developments like Pacific Park, with 2/3/B/Q/4 train service.

Prospect Heights Live Market Data

View Neighborhood

Active Listings

35

Median Asking Price

$1.50M

Median $/Sqft

$1,370

Avg Days on Market

N/A

New This Week

2

Price Reduced

17%

Sold (30 Days)

1

Median Sale Price

$635K

Live data from RLS at REBNY • Updated 5/18/26, 3:22 AM EST

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Location

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205 Park Place #5, Prospect Heights, Kings County • Near Flatbush Avenue/Vanderbilt Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1901
Year Built
125 years old
4
Floors
16
Residential Units
R6B
Zoning District
Walk-Up Apartments Historic District: Prospect Heights Historic District

Tax & Assessment

Assessed Value: $837,900
Land Value: $22,950
Exemptions: $41,904

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 4,978 SF
Building Area: 12,572 SF
Built FAR: 2.53
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $775 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pet policy requires confirmation with the listing broker.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10868491
First Listed: 4/20/2023
Price Changed: 7/20/2023
Closed: 7/12/2023
Contract Date: 4/17/2023

Listing Courtesy of Compass - Shii Huang

Listing Contact: (212) 913-9093

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/18/2026 at 7:22 AM UTC

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